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HVS INDIA
Smaller cities power India’s corporate travel surgeCorporate travel in India is increasingly shifting towards smaller cities, with nearly 60% of bookings now originating from or heading to t...- Expect India-wide occupancies to improve to 56-59% in 2021: HVS AnarockHotel transactions declined by 50% in 2020 compared to 2019. HVS Anarock said the gradual rollout of the Covid-19 vaccine across the globe ...
- Percentage of students joining back hotel industry decreasing over the years: HVS Anarock Internship StudyHVS Anarock said it conducted an anonymous online survey amongst hospitality students (who had completed their internships) from four leadi...
- Hotel occupancy in India improved from approximately 10% in April 2020 to almost 26% in September 2020: HVS Anarock"We anticipate the overall Indian hospitality sector (including organized, unorganized and semi-organized operators) to incur an estimated ...
- Occupancy fall among steepest for Indian hotelsAs per hospitality consultancy HVS Anarock’s Hotels & Hospitality Overview, occupancies in India declined 81 per cent in April from a year ...
- Over 60% GMs preparing to reopen hotels as soon as lockdown is lifted: HVS Anarock surveyHVS Anarock said its anonymous online survey captured responses of 160 general managers across branded hotels pan India covering details li...
- Hospitality M&A deals to exceed $ 800 million in 2020: HVSIn its new report titled HVS India Hospitality Industry Overview 2019, the company states the hospitality sector witnessed an over 31% grow...
- HVS, ANAROCK ink partnership to tap into India’s hospitality marketLast year, HVS and its joint venture partner in India mutually terminated their partnership after being together for over 20 years.
- HVS to announce a new leader in India shortlyThe president and CEO of hospitality consulting firm HVS, Stephen Rushmore Junior has confirmed that the leadership of HVS’s firm in India ...
- HVS to wrap up operations in India under existing arrangement, services moved to HotelivateHVS APAC chairman has launched Hotelivate, a new hospitality consulting firm which presently has offices in Delhi and Mumbai, with Singapor...
- Manav Thadani ends 20-year HVS partnership to set up own companyHVS was the biggest consulting firm in the hospitality business in India and provided hotel valuation, contract negotiation and brand manag...
- HVS hives off non-core services to new entityHVS India’s senior executives hold equity in the new entity along with the New York-headquartered firm’s CEO, Steve Rushmore Jr.
- Share of hospitality deals dip 50 per cent in 2016According to data shared by Venture Intelligence with ET, the sector witnessed just six deals till November this year compared with 18 in t...
- Maharashtra tops hospitality charts; strong economy & good infra help stateMaharashtra has topped a hospitality survey conducted by global hotel consultancy HVS, which ranked Delhi and Goa in the second and third p...
- Demand for domestic hotels rises as trips abroad get dearer due to rupee fallAccording to a study, in 2013, domestic travel spending will also grow by 6.1% while spending by international visitors will rise 8.7%.
- GMR may sell 5-Star hotel at Hyderabad AirportAccording to analysts, the valuation of the hotel could be anywhere near Rs 1 crore per room under the present circumstances.
- Deals like InterContinental-Duet India, APG-Lemon Tree signal growing interest of investors in budget category hotelsIndia’s hospitality industry has witnessed three deals in the mid-market and budget hotels category in the last one year, signalling the em...
- Equity International to invest $75 mn in SAMHIWhile the investment will involve picking up of equity stake in SAMHI by Equity International (EI), the company has not disclosed the same.
- Rising room inventory puts hotel occupancy under pressureThe fact that occupancy levels exhibited only modest declines compared to the significant supply increases highlights the high levels of un...
- Hotel industry to add 55,000 rooms in 4 yearsThe Indian hotel industry will almost double the number of rooms from the current levels in 3-4 years by adding an estimated 55,000 rooms, ...
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